BAKU, Azerbaijan, September 1. The total value of non-oil products exported by 10 state companies in Azerbaijan amounted to $868.7 million from January through July 2023, which is $186.3 million (27.3 percent) higher than in the same period of 2022 ($682.45 million), Trend reports.
According to the Center for Analysis of Economic Reforms and Communications of Azerbaijan, the list of state companies involved in export operations in the non-oil sector was headed by AzerEnergy OJSC.
Ranking of state companies by export volume from January through July 2023:
Company name |
Export volume from January through July 2023 |
Export volume from January through July 2023 |
AzerEnergy OJSC |
$314 million |
$34.8 million |
Marketing and Economic Operations Department of SOCAR |
$215.4 million |
$337.6 million |
SOCAR Polymer |
$181.3 million |
$105.7 million |
Azeraluminium LLC |
$77.4 million |
$95.3 million |
AzerGold CJSC |
$46.9 million |
$52.9 million |
Azerbaijan Airlines CJSC |
$15.8 million |
$3.2 million |
Agro-Industrial Complex Azerpambiq LLC |
$15.1 million |
$50.3 million |
Azerbaijan Railways CJSC |
$1.2 million |
$259,000 |
Azeripek LLC |
$1.1 million |
$1.3 million |
ASK Tutun LLC |
$565,000 |
$1.1 million |
In general, the total value of non-oil products exported by 10 state companies in Azerbaijan as of 2022 amounted to $1.2 billion, which is $56.2 million (4.98 percent) higher than in 2021.